Niagara Falls Hotel Auction!

Niagara Falls Hotel Auction!

Niagara Falls Hotel Auction!
First time for us and doubtless the first time for you too! A whole hotel What a location and what a treasure of a building! Can you just see this as your retirement project and the income it will afford? Or what about so many of you who have dreamed of owning a bed and breakfast? This just takes it to a higher level and income potential. Remember the movie Niagara with Marilyn Monroe and Joseph Cotton? It was filmed here!

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Even though it's currently a renovated shell to be finished and furnished, almost $10m has already been invested and the structure is strong and sound with beautiful historic architectural details preserved and all major mechanical systems newly installed. The rest is the fun part . . the decorating and surface finishes.

In a perfect location overlooking American Falls and Goat Island, points of interest are all within easy walking distance. With a $100m casino located only a block away, you'll certainly not have to bother with a passport for the Canadian side!

When Ramada owned it, it was just so-so; but when you own it, you can glam it up the way it deserves. If this beauty doesn't get the creative juices flowing, it may be time to feel for a pulse! Of course you could go in a mixed use, apartment or office building direction, but that really kills the romance. If you scroll back to Mar-A-Lago, you'll connect with what we're thinking!

Nearly $10m invested in rehab before foreclosure. Directly overlooks Niagara Falls - bids start $145k.

Source: www.chartwellgroup.com